Petrol pricing changes may cause refineries Rs49/litre loss
ISLAMABAD: The government’s latest changes to the pricing mechanism of Motor Spirit (MS/petrol) are likely to impose an estimated financial loss of Rs49 per litre on domestic refineries, raising serious concerns about the viability of multibillion-dollar refi...
ISLAMABAD: The government’s latest changes to the pricing mechanism of Motor Spirit (MS/petrol) are likely to impose an estimated financial loss of Rs49 per litre on domestic refineries, raising serious concerns about the viability of multibillion-dollar refinery upgradation projects involving an estimated investment of USD5-6 billion. In a communication with government, Adil Khattak, Chief Executive Officer of Atto...